Everton owner Farhad Moshiri has been in discussions with the New York-based investment fund since the beginning of the year, with co-founders Jahm Najafi and Jeffrey Moorad, along with vice-president Peter Taylor, visiting Goodison Park for the defeat by Southampton back in January.
However, The Athletic are tonight reporting that what they called a "complicated deal" is "dead", stating the "stumbling block being opposition from one of Everton’s existing lenders, Rights and Media Funding Limited."READ MORE: Seamus Coleman injury latest as Everton captain sets out return plan The report continues that while the club will not be receiving any cash from MSP, the investment fund are "proceeding with the £100million loan to the stadium company, although this is now just a straightforward loan and not convertible debt."
Moshiri took over Everton in February 2016. While he has poured around £750m into the club, it has struggled. The Blues currently sit bottom of the early Premier League standings after losing their opening two games of the season, 1-0 at home to Fulham and then 4-0 away to Aston Villa. Last season, they survived relegation on the final day of the campaign, while the season before, they secured their safety with one game to spare.